Eth price
Statistics on Cryptocurrencies
Bitcoin and other cryptocurrency values have been growing as a result of several different factors and have surged considerably this year. BTC is now on its way to $30,000, a level not seen since June. BTC price has climbed by nearly 70% this year. Ethereum current price Beta (β or beta coefficient) of an investment indicates whether the investment is more or less volatile than the market as a whole.
Ethereum cost
The Ethereum price analysis is bearish for today as the coin faced rejection at $1,979, and the bears got control once again. Their efforts have been successful, as the price covered a downward range of up to $1,918 before settling down in the current area. The previous week, the market was favourable for the bulls with ETH/USD reaching $2,100. The Ethereum price was unable to hold the gains, however, and has been in a downtrend since then. The bears have taken over the market and are currently pushing ETH/USD lower, as more selling pressure is being applied. Bitcoin vs. Ethereum: Which Is the Better Buy? Ethereum’s previous All Time High was on 10th November 2021 where ETH was priced at $4878.26Ethereum’s price at the same time last week was $2103.28. It has moved by -7.09% in the past week and is currently at $1954.18. Infact, in the past 24 hours, ETH has pumped by 7.19%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and ETH could hit $2507.20 in 2024.Ways to trade
Ethereum 2.0 is a significant upgrade to the already existing Ethereum blockchain. Namely, this upgrade aims to enable the network to address the bottlenecks and increase the number of transactions. The alternative names for Ethereum 2.0 are Eth2 or Serenity. Thanks to this upgrade, more financial institutions could start using Ethereum. ETH Price Statistics Increased volatility around cryptocurrencies means Ethereum price is changing rapidly. The fact that Ethereum processes more transactions than all the cryptocurrencies combined should lead to a further increase in the overall value.
